$530,000
SOLD FEB 28, 2025

7274 Wolf Bay Shores Cook, MN 55723

2 Beds
1 Bath
1,120 Sq Ft
62 Acres

Recently Sold

$473 Per Sq Ft

11% Below List Price

153 Days on Market

Highlights

  • 62 Acre Lot
  • Enclosed Patio or Porch
  • Baseboard Heating
  • Deck
  • Central Air

About This Home

As of February 2025

Looking for the best of BOTH WORLDS?! Check out this unique, custom-built opportunity on BEAUTIFUL Lake Vermilion! This property boasts 62+ acres, and 210’ of lakeshore. Amenities include a modern cabin with all the creature comforts, many trails for hiking and/or four wheeling, double docks, a compliant septic system, off peak air conditioning/electric heat, insulated lake water system for year round use, a nicely sized boat house, a mini cabin/playhouse, AND your own private water access with a dock to make for a quick and easy access YEAR ROUND to your new cabin! A Lake Vermilion dream come true!

Last Agent to Sell the Property

Greg Hoffman

Edina Realty, Inc. License #20381267 Listed on: 08/30/2024

Edina Realty, Inc.

Co-Listed By

Caitlin Lung

Edina Realty, Inc. License #40796387

Last Buyer's Agent

Barbara Hegg

Vermilion Land Office Inc License #20052250

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 2000

Lot Details

  • 62 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1.75 Story Property
  • Crawl Space
  • Gas Dryer

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Baseboard Heating
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 387-0465-00110 &

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,339

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Electric, Baseboard
  • Irregular Lot Size: Yes
  • Lvt Date: 08/30/2024
  • Number Of Bedrooms: 2
  • Parcel Code Number: 387-0465-00110 &
  • Patioporch: Deck, Porch, Covered, Enclosed, Screened
  • Real Estate Tax: 2339.00
  • Style: 1 3/4 Story
  • Total Above Grade Sq Ft: 1120
  • Type: Residential
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1120
  • Bedroom 1: Size: 9x11, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Hood, Microwave, Refrigerator, Elec. Dryer, Gas Dryer
  • Basement: Crawl
  • Bedroom 2: Size: 11x15, On Level: Main
  • Kitchen: Size: 12x13, On Level: Main
  • Living Room: Size: 20x16, On Level: Main
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 896
  • Other Room 2: Sauna, Size: 6x12
  • Other Room 3: Porch, Size: 7.5x14
  • Upper Level Sq Ft: 224

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Central
  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Schools

  • School District: Tower/Soudan- 2142

Lot Info

  • Lot Size: Dimensions: 509x211
  • Number Of Acres: 62
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Feb 26, 2025
Sold by
Larson William C and Larson Connie M
Bought by
Peterson David B and Peterson Suzanne E
Seller's Agent
Greg Hoffman
Edina Realty, Inc. - Virginia
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%
Views
71
Current Estimated Value
$522,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,514
Avg. Annual Appreciation
-2.39%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $530,000 All American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $530,000 0.0% $473 / Sq Ft
02/28/2025 02/28/25 Sold $530,000 -10.9% $473 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/30/2025 01/30/25 Pending -- -- --
11/20/2024 11/20/24 For Sale $595,000 0.0% $531 / Sq Ft
11/20/2024 11/20/24 For Sale $595,000 0.0% $531 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/14/2024 10/14/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $595,000 -0.8% $531 / Sq Ft
08/30/2024 08/30/24 For Sale $600,000 +0.8% $536 / Sq Ft
08/30/2024 08/30/24 For Sale $595,000 -- $531 / Sq Ft
Source: Range Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,502 $239,800 $100,900 $138,900
2022 $2,124 $239,800 $100,900 $138,900
2021 $2,014 $204,700 $100,900 $103,800
2020 $1,926 $191,500 $100,900 $90,600
2019 $1,784 $183,000 $115,300 $67,700
2018 $1,810 $172,900 $105,200 $67,700
2017 $1,740 $173,000 $105,300 $67,700
2016 $1,774 $170,500 $102,800 $67,700
2015 $2,394 $210,900 $80,900 $130,000
2014 $2,394 $217,700 $87,700 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 147363

Range Association of REALTORS®

APN: 387046500110